Translated material
The Ministry of Internal Affairs denied the closure of the case against the Bilalov brothers regarding the construction of Olympic facilities
The Ministry of Internal Affairs of the Russian Federation denied that the case against businessmen Akhmed and Magomed Bilalov, who were engaged in the construction of Olympic facilities in Sochi, was closed. As Interfax was told by the official representative of the department, Irina Volk, in this case, on the contrary, “operational-investigative groups have been strengthened.”
According to her, investigative actions are being actively carried out aimed at establishing all the circumstances of the implementation of the project to create a tourism cluster and the construction of Olympic facilities in the city of Sochi, the placement of more than 5 billion rubles allocated for these purposes on the settlement accounts of the National Bank for Business Development OJSC and the subsequent bankruptcy of the latter. .
- On October 10, the Dozhd TV channel, citing its sources, reported that the case against the Bilalovs was closed .
- In February 2013, Russian President Vladimir Putin criticized Akhmed Bilalov for increasing the budget and delaying the construction of the ski jump complex for the Sochi Olympics. After that, both brothers went abroad. In Russia, criminal cases were brought against them.
- Akhmed Bilalov, former chairman of the board of directors of North Caucasus Resorts and former vice president of the Russian Olympic Committee, is suspected of abuse of power for embezzling company funds. His brother, a former shareholder of Krasnaya Polyana, is accused of fraud with funds received from Sberbank for the construction of Olympic facilities.